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Inside the technicals of GLXY
Galaxy Digital, Inc.
About GLXYGalaxy Digital, Inc. engages in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. It operates through the following segments: Digital Assets and Data Centers. The digital assets segment offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The Data Centers segment competes with a range of infrastructure providers that are building or repurposing facilities to support the rapidly growing demand for AI and compute-intensive workloads. The company was founded by Michael Novogratz in 2018 and is headquartered in New York, NY. |  |
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Technical Analysis
GLXY has a good looking chart. Right off the bat take a look at the daily chart below. This is a view of about the last two years and other than the April “Liberation Day” dip, GLXY has had a steady growth. This is what you want to see with a company who dug through the trenches of sub $5 back in 2022 and 2023. Now if you look further back you will see that GLXY did reach sub $1. Since this article is focusing on technical analysis, I did not do the research to see why the stock went from $40 to sub $1 and I’m more focused on what they are doing now.
Now lets look at the hour chart below with just the last couple months. From what I can find, It appears GLXY did not have a set earnings date and it was suppose to be on or about August 13th. However, it appears this morning (8/5/25) either information got leaked or they released their earnings early because the stock is down about 8.5% in premarket and the news surrounding this dip is stating the company’s 2Q Net is about $30.7M. I’m hoping this isn’t right because the other information I was able to find is that their estimated revenue is suppose to be $12.51B. This would clearly be a drastic miss if that is true.
I put two support lines in on this chart because clearly it looks like there is going to be big moves today when the market opens and unfortunately it is to the downside. If this information is all true, the premarket price as of the time of writing this article is at $26.50. I’m hoping that GLXY can find support right around here at $26 and if not, find it a little lower at $24.90
Galaxy Digital put up big revenue numbers last quarter. They were projected around $114.97M and reported $12.86B. This was a beat of 11,091%. That’s crazy. It’ll be interesting to see how all this plays out when the market opens today. If GLXY can stabilize here and continue to report big revenue like this, they are certainly going to be a company to watch.
A Final Note
Be careful if you’re considering playing here. I went back and tried to do more research on these numbers before posting today’s article and what I found all seems to be accurate. I don’t know if the dip this morning is really because of GLXY’s earnings or of something else so just be mindful of what they report on their website if your interested in diving in. A dip here may be a good entry point if earnings are not bad. Stay safe.
“Never financial advice, just a though.”
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